Group-wide Compliance and Internal Audit Framework
First written in FY2017. 7 of 9 entries say "Restated". Latest entry: 2026-05-27.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2025Change in the number of dedicated internal audit personnelAnnual report
「We have established an Internal Audit Department reporting directly to the president. The department head and 4 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan.」
Group-wide audits and internal control evaluations by the internal audit function reporting directly to the president continue. The current description has changed from “the head of the office and 6 dedicated staff” to “the department head and 4 dedicated staff.” - FY2022RestatedAnnual report
「We have established an Internal Audit Office reporting directly to the president. The head of the office and 6 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan. Results and other matters are reported monthly at management meetings to the president, the full-time Audit and Supervisory Committee members and the relevant departments, quarterly to the Audit and Supervisory Committee, and the annual plan and its results are reported to the Board of Directors.」
Audits and internal control evaluations of each department, store and subsidiary by 6 dedicated staff continue, with the monthly, quarterly and annual reporting recipients also described. - FY2021RestatedAnnual report
「We have established an Internal Audit Office reporting directly to the president. The head of the office and 6 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan.」
The Internal Audit Office reporting directly to the president continues audits of each department, store and subsidiary and internal control evaluations through its 6 dedicated staff. - FY2020RestatedAnnual report
「We have established an Internal Audit Office reporting directly to the president. The head of the office and 6 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan.」
The company continues audits and internal control evaluations of each department, store and subsidiary by the Internal Audit Office reporting directly to the president, together with coordination with the Audit and Supervisory Committee and other bodies. - FY2019RestatedAnnual report
「We have established an Internal Audit Office reporting directly to the president. The head of the office and 6 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan.」
The company continues audits and internal control evaluations of each department, store and subsidiary by the Internal Audit Office reporting directly to the president, together with group-wide management by the Compliance and Risk Management Committees. - FY2017First statedAnnual report
「The head of the department and 6 dedicated staff conduct operational audits and accounting audits of each department, store and subsidiary, as well as evaluations of the operation of internal controls over financial reporting, based on the annual plan. The results and other matters are reported promptly to the president and the full-time Audit and Supervisory Committee members or the Audit and Supervisory Committee, and monthly reports are made at management meetings for reporting to the relevant departments.」
The company describes a group-wide management structure including an Internal Audit Office directly reporting to the president, a Compliance Committee, a Risk Management Committee and an internal whistleblowing hotline. The Risk Management Committee and other bodies generally meet once every quarter.